Wednesday, November 26, 2014

11.26.14

Entertainment:      
·         SyFy has greenlit a new, six-episode series that will follow teams of startups through the accelerator process in the Valley - the show, called The Bazillion Dollar Club*, is expected to focus on 12 companies (six each) participating in the 500 Startups Accelerator and PCH International’s Highway1 program
·         Video-focused startup Grabyo, which has a second-screen offering and partners with TV broadcasters to allow TV viewers to legally share real-time clips of its content, has landed $2MM in funding from a clutch of globally recognized sports stars
·         Jukin Media, a digital media startup has made the leap to prime time, after selling a TV show called the World's Funniest Fails to Fox
·         Netflix is suing its former vice president of IT operations Mike Kail, who left the company in August to become chief information officer at Yahoo!
·         Natalie Portman is in talks to join Danny Boyle's Steve Jobs biopic
·         Fox News Channel was the most viewed cable news network when St. Louis County Prosecuting Attorney Robert McCulloch revealed if Wilson would be indicted for shooting Brown
·         Maker Studios plumped up its chest full of YouTube video creators just ahead of the Christmas season, adding five big channels focused on the fast-growing toy sector, including the No. 2 site, DisneyCarToys
·         The Motion Picture & Television Fund event “Night Before the Oscars’ was held since 2003 at the Beverly Hills Hotel, but organizers revealed earlier this year that the party would be moved to the Fox lot as part of a boycott of the hotel over its owner the Sultan of Brunei's controversial stance on gays
·         “Boyhood” writer-director Richard Linklater will receive the Sonny Bono Visionary Award at the 26th annual Palm Springs International Film Festival
·         Disney has cut a deal with Turner Classic Movies to get more mileage out of its film vault and add the cabler's cinephile branding to its Hollywood Studios theme park in Florida
·         U.K. streaming service Blinkbox, which is being offered for sale by its owner Tesco, has inked a content deal with leading independent movie distributor Entertainment Film Distributors
·         Prince said goodbye to his brief, awkward dalliance with social media
·         Robin Williams, Jennifer Lawrence, and Jay-Z are among the top celeb web-searches
·         Concert venues are capitalizing on the DIY model of concert promotion
·         Sony Corp plans to slash its TV and mobile phone product lineups to cut costs, counting on multi-billion-dollar revenue surges for its buoyant PlayStation 4 and image sensor businesses over the next three years
·         The Wuaki.tv over-the-top streaming online video service is to offer film content in 4K/UltraHD format
Tech:
·         GoPro is reportedly planning to launch consumer drones next year for between $500-$1,000
·         Twitter announced that it is testing Twitter Offers, which lets retailers tweet special cash-back deals that users can then claim in brick-and-mortar stores
·         Sony’s Alpha A7 series of full-frame mirror less cameras has evolved, and has higher-resolution and stabilization capabilities
·         Melbourne-based Tiger Pistol, a startup offering social marketing tools for small businesses, has raised $3.1MM in Series A funding to expand into the US
·         Canopy launched last year to bring a more curated and community-driven experience to shopping Amazon products, with an organized catalog of recommended items, and a number of tools for finding and saving favorites
·         Line has revealed that it sold more than $300MM in user-generated stickers from independent ‘creators’ during the first six months of launching its Creators Marketplace service
·         US-Australian startup Canva is injecting a dose of social into its easy-to-use graphic design platform after it rolled out public user profiles, a Twitter-style following system, and a real-time content stream
·         Tumblr has overtaken Instagram as the fastest-growing social platform, and Snapchat is the fastest-growing app
·         Amazon has dropped the price of its unlocked Fire Phone from $250 to $199 for the holiday season and to move inventory of the product
·         Google announced that it will make Google Play and a free version of Google Analytics available in Cuba
·         A fresh funding round for the fast-growing startup could give Uber a valuation between $35B-$40B according to a report today from Bloomberg
·         Sqor, a social network focused exclusively on sports, is now moving into athlete crowdfunding
Deals:
·         Twitter is allegedly in talks to acquire the Justin Bieber-backed social app ‘Shots’
·         BT, Britain’s former telecom monopoly, said it was in talks with investors in two of Britain’s cellphone carriers about a potential takeover offer of EE
·         Vista Equity Partners has agreed to acquire the Advanced Computer Software Group, a British health care and business software maker for $1.14B
Business:
·         Samsung Electronics has announced that it will sell stakes in Samsung Techwin and Samsung General Chemicals to Hanhwa Corp. in order to raise money for new investments
·         Activist investor Carl Icahn raised his stake in U.S. car rental company Hertz to 10.77% from 8.48%
·         Samsung Electronics announced a $2B share buyback plan
·         TiVo has reported a very strong third quarter of 2014 with record net revenues and subscriptions soaring past the key five million landmark
Exec Moves:
·         Ren Ng, founder and executive chairman of light-field photography company Lytro, plans to exit his full-time role next year as he assumes a post at the University of California, Berkeley
Retail:
·         At eight Patagonia retail locations throughout the country, customers can bring in their lightly used Patagonia clothing and get other used items off the rack
Startups:
·         Rocket Internet-backed online retail Jumia is in the money today, after the Africa-based company announced that it has raised $150MM in new funding
Government:
Other:
·         170 cities have been hit with Ferguson protests


Tuesday, November 25, 2014

Digital Media/Mobile vs. Traditional Media

Please see here for a report from BuzzFeed Insights.

11.25.14

Entertainment:      
·         Google continues to build out its lineup of content partners for the Chromecast streaming media device with new partners including Comedy Central, Sesame Street Go, Nickelodeon, and TuneIn
·         Tencent is now HBO’s exclusive online partner in China
·         News Corp announced its first investment in India, paying $30MM for a 25% stake in Elara, the company that runs real estated portal PropTiger.com
·         Aaron Sorkin’s much-anticipated Steve Jobs movie is now a Universal Pictures project, who bought it for a reported $30MM from Sony Pictures which ended its two-year development of the title this month
·         Operations at Sony Pictures were apparently completely shut down by a hacker, who hacked into and disabled the company's corporate network
·         Bernstein Research has introduced a new weekly tracking report analyzing ad-supported U.S. TV networks' viewership on a year-over-year basis, and the first version, released today, shows that for the week of November 10-16, audiences fell again across the board
·         HBO has hired 160 lawyers in anticipation of their new scientology documentary
·         USA Network has announced its flagship drama Suits will return for the remainder of its fourth season on January 28
·         Video creators cheer a potential new buyer as Google/YouTube bets on viewers paying for shortform content
·         HBO is bringing the first fully authorized documentary about Kurt Cobain to the screen
·         Netflix shares dipped as much as 3.5% Tuesday, after Wall Street firm Stifel downgraded the company's stock based on uncertainty about the subscription-video leader's U.S. growth trajectory
·         Australia’s BigPond music download service to close
·         Amazon has made exclusive video a component of Prime Instant Video streaming service, its answer to Netflix – and now the company is doing the same with music
·         Independent TV production and distribution company Endemol has entered into an exclusive first-look development and distribution deal with UK producer Amber Television
·         Shanghai Media Group (SMG) is to merge its digital media arm BesTV, Microsoft's Chinese partner, with its Shanghai Oriental Pearl division to create a huge new Internet and broadcasting company
Tech:
·         A new trend in tech is for successful entrepreneurs to back ‘Startup Factories’
·         Google Glass is still in beta, and the price for the product is pegged at $1,500
·         Google has unveiled its Devices and Activity Dashboard, which lists what devices are connected to your Google Account, along with when and where they’ve been accessed
·         Vine’s fast-becoming a place that houses funny and entertaining content from a range of different artists, and now the Twitter-owned company wants to help you keep with your favorites via push notifications
·         Tumblr is rolling a new mobile-only ad unit called “Tumblr Sponsored Apps” which will allow app publishers to target the social blogging service’s largely Millennial and heavily mobile audience with creative posts
·         The Wall Street Journal, one of the last major publications holding out on Flipboard in the U.S., will now allow Flipboard users to view its news stories there
·         Audio accessory startup Muzik is launching its product after two years of design and gearing up production, making the Muzik smart over-ear headphones available to consumers today for $299
·         A five-part video series by Stuart Brown of XboxAhoy has created a series of mini-documentaries that take a look at computer graphics
·         Flipkart, India’s leading e-commerce site, raised $600MM in its Series H
·         Anthony Noto, Twitter’s CFO, appeared to accidentally disclose some confidential corporate strategy plans
·         Apple is now worth more than $700B after its stock ticked up in early trading on Tuesday
Deals:
·         VigLink just announced that it’s acquiring LinkSmart
Business:
·         SummitView Capital raises $1.7B private equity fund with Shanghai government for chip investments
·         BlackBerry offers up to $550 to trade your iPhone for a BlackBerry Passport
·         Medibank Private fell on its trading debut to below the price paid by institutional buyers after an initial public offering that raised about $4.88 billion for Australia’s government
Exec Moves:
·         Philip Falcone resigned on Tuesday as chairman and chief executive of the Harbinger Group
·         Russell Schwartz has stepped down as president of theatrical marketing at Relativity EuropaCorp Distribution
·         Ricardo Reyes, the communications chief for Square, has left the Jack Dorsey company to return to Tesla to work for Elon Musk
Retail:
·         Richard Baker, the chief executive of the Hudson’s Bay Company, announced that he had taken out a loan against the Saks Fifth Avenue flagship store that values it at $3.7B
Startups:
·         According to the startup ‘Roomer’, which has just raised $5MM in Series A led by Disruptive, there are 81 million hotel room cancellations in the United States every year
Government:
·         The US economy expanded at its fastest pace (3.9%) in more than a decade during the spring and summer, according to a revised estimate of gross domestic product, showing the U.S. sits on a solid foundation despite increasing global uncertainty
·         China is considering a broad ban on smoking, including tobacco advertising, smoking in public places and cutting smoking scenes in film and TV
·         Please see below for articles on the Michael Brown case in Ferguson. No charges would be filed against Ferguson police officer Darren Wilson in the death of black teenager Michael Brown. President Barack Obama appealed for calm - "There is never an excuse for violence."
Other:
·         Legendary indie music distributor Jim Schwartz died in Washington, D.C. on Nov. 8 of complications from Alzheimer's disease - he was 91